Planned sale: DoorDash (NYSE: DASH) director unloads 1,250 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash director Shona L. Brown sold 1,250 shares of Class A Common Stock in an open-market transaction at $175 per share. The trade occurred on April 15, 2026 and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 7, 2025.
After this sale, Brown directly holds 29,752 shares of DoorDash stock, and a footnote notes that certain securities are represented by restricted stock units. The filing reflects a planned, partial reduction of her direct equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,250 shares ($218,750)
Net Sell
1 txn
Insider
Brown Shona L
Role
Director
Sold
1,250 shs ($219K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,250 | $175.00 | $219K |
Holdings After Transaction:
Class A Common Stock — 29,752 shares (Direct)
Footnotes (1)
- The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 7, 2025. Certain of these securities are represented by Restricted Stock Units.
Key Figures
Shares sold: 1,250 shares
Sale price: $175.00 per share
Approximate sale value: $218,750
+3 more
6 metrics
Shares sold
1,250 shares
Open-market sale of Class A Common Stock on April 15, 2026
Sale price
$175.00 per share
Price for the 1,250 shares sold
Approximate sale value
$218,750
1,250 shares sold at $175.00 per share
Shares held after transaction
29,752 shares
Director’s direct Class A Common Stock holdings post-sale
Trading plan adoption date
March 7, 2025
Rule 10b5-1 plan under which the sale was executed
Transaction date
April 15, 2026
Date of open-market sale reported on Form 4
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Certain of these securities are represented by Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did DoorDash (DASH) report for Shona L. Brown?
DoorDash reported that director Shona L. Brown sold 1,250 shares of Class A Common Stock. The shares were sold in an open-market transaction at $175 per share, reflecting a routine insider sale disclosed on a Form 4.
Was the DoorDash (DASH) insider sale made under a Rule 10b5-1 plan?
Yes, the sale was executed under a Rule 10b5-1 trading plan. A footnote explains the plan was adopted on March 7, 2025, indicating the April 15, 2026 transaction was pre-arranged rather than timed discretionarily by the director.
What type of security did Shona L. Brown sell in the DoorDash (DASH) filing?
The transaction involved DoorDash Class A Common Stock. The Form 4 specifies an open-market sale of 1,250 non-derivative shares, while a separate note mentions that certain other securities are represented by restricted stock units held by the reporting person.